Blume Global, a Pleasanton, Calif.-based leader in global logistics and digital supply chain solutions, received a strategic investment from funds managed by affiliates of Apollo Global Management.
As part of the close, Blume Global becomes an independent company within the Apollo Funds’ portfolio. Blume Global and DCLI will continue to be strategic partners and will further strengthen their relationship and solutions for joint customers across the ecosystem.
Led by Pervinder Johar, CEO, Blume provides solutions that empower supply chain leaders with agility and precision to plan, execute, monitor and optimize the movement and allocation of inventory throughout their supply chains. The solutions connect retail, hi-tech, consumer products and automotive organizations with logistics service providers, ocean carriers, motor carriers and railroads, all on a collaborative, intelligence-driven network across every move, every mode and every mile of the supply chain.
As a portfolio company of the Apollo Funds, Blume Global bolsters its independence to drive significant innovation into global supply chain networks and accelerate its growth.